If I transfer the red book to a relative, do I not have to pay personal income tax?

    Như Hạ |

    The article below will answer the question of whether or not personal income tax (PIT) must be paid when transferring the red book to a relative?

    According to Point a, Clause 1, Article 3 of Circular 111/2013/TT-BTC (amended and supplemented in Circular 92/2015/TT-BTC) stipulates exemption from personal income tax when transferring real estate (transferring red book ownership) (including future housing, future construction works according to the law on real estate business) between:

    - Husband and wife.

    - Biological father, biological mother and biological child.

    - Foster father, foster mother and foster child.

    - Father-in-law, mother-in-law and daughter-in-law.

    - Father-in-law, mother-in-law and son-in-law;

    - Grandparents with grandchildren, grandparents with grandchildren.

    - Brothers and sisters.

    Note: In case real estate (including future housing and future construction works according to the provisions of law on real estate business) created by the husband or wife during the marriage is determined to be the common property of the husband and wife, when divorced, it is divided by agreement or by court judgment, then the division of this property is exempt from tax.

    Thus, if the red book is transferred to relatives such as husband and wife, parents and children, grandparents and grandchildren, or siblings, personal income tax will not be paid.

    Như Hạ
    RELATED NEWS
    Land red book

    In case the land is under planning, it is still allowed to transfer the red book name

    |

    Transferring the land title to a planning land title is often difficult because the State agency refuses to do so if there is a decision to reclaim the land.

    Surveying fees, file appraisal fees... are the fees parents must pay when transferring the red book to their children. Illustration: Minh Huy

    Parents who separate the red book for their children must pay these 4 fees

    |

    When carrying out procedures to transfer or donate a part of a land plot to make a separate red book, parents must pay the following fees.

    Iranian President Hassan Rouhani (right) visits a nuclear facility on April 9, 2019. Photo: Iranian Presidential Office

    Russia proposes receiving Iranian uranium: The most difficult relocation problem in history

    |

    Russia proposes receiving Iran's high-enriched uranium to reduce the risk of nuclear escalation in the context of undiminished US-Iran tensions.

    National Assembly Deputy Tran Thi Van said that culture only truly "lives" when placed in the flow of the market and creativity. Photo: Media National Assembly

    National Assembly deputies talk about films "Red Rain", "Little Wolfoo", MV "Northern Bling"

    |

    National Assembly deputies cited the films "Red Rain", "Little Wolfoo", MV "Northern Bling" and said that traditional culture can become an attractive creative material.

    Trung Quan Idol boycotted, not present at Duc Tri's music night on the evening of April 23

    |

    Trung Quan Idol, after being accused of assaulting a female doctor, has been called for widespread boycott.

    Accident between a driving practice car and a truck on the Hanoi - Thai Nguyen highway on April 19. Photo: Lam Thanh

    Driving training vehicles entering highways increase the risk of traffic accidents

    |

    Trainees driving training vehicles at high speeds on highways while their ability to handle situations is still limited has increased the risk of traffic accidents.

    Chairman of the Vietnam Fatherland Front Committee of Hanoi City Bui Huyen Mai receives support for the "For Vietnam's Sea and Islands" Fund in 2026. Photo: MTTQHN

    Patriotic emulation movement is implemented with focus and key points

    |

    The campaigns and patriotic emulation movements are implemented with focus and key points by all levels of the Vietnam Fatherland Front Committee of Hanoi City.

    Sổ đỏ là chứng thư pháp lý để Nhà nước xác nhận quyền sử dụng đất, quyền sở hữu nhà ở, tài sản khác gắn liền với đất. Đồ họa: Phan Anh

    Cách xử lý khi hàng xóm không chịu ký giáp ranh để làm sổ đỏ

    Anh Tuấn |

    Bạn đọc Nguyễn Dung (Hưng Yên) hỏi: Nếu đang làm sổ đỏ nhưng hàng xóm không ký giáp ranh thì phải giải quyết như thế nào?

    Sổ đỏ đất đai

    In case the land is under planning, it is still allowed to transfer the red book name

    Nhóm PV |

    Transferring the land title to a planning land title is often difficult because the State agency refuses to do so if there is a decision to reclaim the land.

    Phí đo đạc, phí thẩm định hồ sơ... là những khoản tiền bố mẹ phải nộp khi sang tên sổ đỏ cho con. Ảnh minh hoạ: Minh Huy

    Parents who separate the red book for their children must pay these 4 fees

    Minh Huy (T/H) |

    When carrying out procedures to transfer or donate a part of a land plot to make a separate red book, parents must pay the following fees.